Lehi, UT, July 11, 2018 --(PR.com
)-- Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased announce it will be hosting a complimentary webinar, "Debunking the Myth: Why Charges Still Matter in the Age of Pricing Transparency." This webinar is intended for hospital and health systems CFOs, VPs, and Finance and Revenue Cycle Directors/Managers.
“During our 60-minute webinar, which will include live Q&A, we will discuss why prices matter in healthcare,” said Mark Spehar, Panacea's Senior Vice President of Financial Services. “This is a vital discussion in preparation for the 2019 CMS proposed rule on pricing transparency. Our goal is to help healthcare organizations take a strategic rather than reactionary approach to the changes we can see on the horizon, and during the webinar we will discuss what the proposed rule means for organizations as well as a simple 10-step process that can be used to develop rational and defensible pricing."
The Center for Medicare & Medicaid Services’ (CMS) proposed 2019 Inpatient Prospective Payment System (IPPS) rule, released April 24, would require hospitals to make public a list of their standard charges, furthering its healthcare pricing transparency goals that have spanned over the past 15 years.
Panacea’s webinar will help healthcare management prepare for the possibility of these upcoming requirements. Webinar attendees will receive an update on the CMS proposed rule and what it means for healthcare providers, learn how to use public data to build benchmarks and establish pricing comparisons, observe how to use technology to develop rational and defensible pricing—with Panacea’s software as an example—and train on how to develop patient pricing estimates and discount thresholds for patients.
The webinar will take place on Wednesday, July 18 at 10 a.m. PST/1 p.m. EST. Register today at https://register.gotowebinar.com/register/2891490572741875969.
Panacea, a Career Step company, helps healthcare organizations improve their bottom lines and strategic market positions with front-line expertise in revenue-cycle management, smart software and enterprise-level educational solutions. Designed for the healthcare professionals responsible for financial performance or compliance, Panacea helps identify opportunities and overcome today’s challenges, providing the clear answers needed to swiftly and cost-effectively achieve quality results. More information is available at panaceainc.com.